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Book Uninvested

Download or read book Uninvested written by Bobby Monks and published by Penguin. This book was released on 2015-08-04 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bobby Monks is blowing the whistle on Wall Street, giving middle class Americans the low down on how they’re being fleeced of their retirement money—and what they can do about it Every month our financial statements arrive, and every month we glance at them, trying to understand, hoping that we’ll come out ahead. But most of us have no idea what’s really going on or the costs involved. According to Bobby Monks—who has been a banker and borrower, investor and entrepreneur—financial firms and money managers have complicated the investing process to keep us in the dark, profiting from our ignorance. Having dealt with the financial sector throughout his career, Monks has seen it all. In Uninvested, he reveals how, when, and why the relationship between us and our money managers became corrupted—and what we can do to fix it. Monks shows how the system works not only against us as individuals but also against society at large. Without our knowledge or approval, our money is diverted into the pockets of CEOs and misappropriated, promoting business practices that contribute to economic inequality, political dysfunction, and environmental woe. Monks’ experiences give him a unique perspective on how we got to this point. Drawing on original research and interviews with key figures such as Vanguard founder Jack Bogle, legendary investor Carl Icahn, and former congressman Barney Frank of the Dodd-Frank Act, Monks teaches us how to take back ownership and control of our money. As he writes: Even in the decades preceding the most recent downturn, very few investors enjoyed financial success equal to that of their money managers. Given this, I have long wondered why investors don’t pull their money out of the system en masse. I suspect that it is because most feel powerless. Unaware of the implications of their investments and unable to penetrate the excruciating complexity of the system that facilitates them, many seem to seek refuge in their money managers’ aura of sophistication, pretense of competence, and projection of certainty. It seems to me that most investors are simply sleepwalking through the investing process. They have become uninvested. When we outsource our investing, we sacrifice control—but not responsibility. My goal in writing this book is to convince you that the best (and only) way to fix this broken system is to awaken a critical mass of engaged investors and recruit them to participate more fully in the investing process.

Book Report of the National Academy of Sciences

Download or read book Report of the National Academy of Sciences written by National Academy of Sciences (U.S.) and published by . This book was released on 1928 with total page 1132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report of the National Academy of Sciences for the Year

Download or read book Report of the National Academy of Sciences for the Year written by National Academy of Sciences (U.S.) and published by . This book was released on 1927 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report

    Book Details:
  • Author : Commonwealth Shipping Committee
  • Publisher :
  • Release : 1909
  • ISBN :
  • Pages : 864 pages

Download or read book Report written by Commonwealth Shipping Committee and published by . This book was released on 1909 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Annual Report   National Academy of Sciences

Download or read book Annual Report National Academy of Sciences written by National Academy of Sciences (U.S.) and published by . This book was released on 1925 with total page 1376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. for include reports for the National Research Council; 1965/66- include reports for the National Academy of Engineering; 1971/72- include reports for the Institute of Medicine.

Book Report of the Executive Committee

Download or read book Report of the Executive Committee written by American Baptist Home Mission Society and published by . This book was released on 1917 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Reports from Universities and University Colleges Participating in the Parliamentary Grant

Download or read book Reports from Universities and University Colleges Participating in the Parliamentary Grant written by Great Britain. Board of Education and published by . This book was released on 1901 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Budget of the United States Government

Download or read book The Budget of the United States Government written by United States. Office of Management and Budget and published by . This book was released on 1998 with total page 1224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report

    Book Details:
  • Author : New York (State). Department of Audit and Control
  • Publisher :
  • Release : 1916
  • ISBN :
  • Pages : 396 pages

Download or read book Report written by New York (State). Department of Audit and Control and published by . This book was released on 1916 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Documents of the Assembly of the State of New York

Download or read book Documents of the Assembly of the State of New York written by New York (State). Legislature. Assembly and published by . This book was released on 1916 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report of the State Superintendent for the School Years Ending July 31      and

Download or read book Report of the State Superintendent for the School Years Ending July 31 and written by Kansas. State Dept. of Public Instruction and published by . This book was released on 1922 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report of the State Superintendent of Public Instruction

Download or read book Report of the State Superintendent of Public Instruction written by Kansas. Department of Education and published by . This book was released on 1922 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Annual Report

    Book Details:
  • Author : Kansas. Department of Education
  • Publisher :
  • Release : 1922
  • ISBN :
  • Pages : 400 pages

Download or read book Annual Report written by Kansas. Department of Education and published by . This book was released on 1922 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Stochastic Automata

    Book Details:
  • Author : Ernst-Erich Doberkat
  • Publisher : Springer Verlag
  • Release : 1981
  • ISBN :
  • Pages : 135 pages

Download or read book Stochastic Automata written by Ernst-Erich Doberkat and published by Springer Verlag. This book was released on 1981 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a general mathematical framework for the analytical aspects of stochastic automata. Shows that under certain topological conditions, non-deterministic automata are generated, which in some cases are produced by stochastic automata.

Book Report

    Book Details:
  • Author : Kansas. Dept. of Public Instruction
  • Publisher :
  • Release : 1922
  • ISBN :
  • Pages : 412 pages

Download or read book Report written by Kansas. Dept. of Public Instruction and published by . This book was released on 1922 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report

    Book Details:
  • Author : Kansas. Department of Public Instruction
  • Publisher :
  • Release : 1927
  • ISBN :
  • Pages : 412 pages

Download or read book Report written by Kansas. Department of Public Instruction and published by . This book was released on 1927 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Biennial Report of the State Superintendent of Public Instruction of Kansas  for the Years Ending

Download or read book Biennial Report of the State Superintendent of Public Instruction of Kansas for the Years Ending written by Kansas. State Department of Public Instruction and published by . This book was released on 1927 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: